Thanks to Redfin for this guest post!
In U.S. cities, homes within walking distance to jobs, schools, shopping, parks and other urban amenities are both highly desired and extremely rare. Fewer than 2 percent of active listings are considered a walker’s paradise (Walk Score of 90 and above). Yet 56 percent of millennials and 46 percent of boomers prefer walkable communities with a range of housing amidst local businesses and public services. And like everything rare and desirable, walkability comes at a premium; homes highly “walkable” to amenities, everything else being equal, are more expensive than comparable homes in less “walkable” areas.
To estimate how much walkability is worth when buying or selling a home, we looked at the sale prices and Walk Score ratings of more than one million homes sold between January 2014 and April 2016 across 14 major metro areas to determine the average price of one Walk Score point.
Home staging is a proven and effective way to garner more attention from buyers. It can help you to sell your home more quickly and for top dollar, which are top goals for any seller. However, you can spend a fortune staging every inch of your home and transforming it to look like a model home. Those who have limited time and minimal funds available to stage their home may be looking for the most effective way to boost results from staging.
Each home has unique needs, but you can generally enjoy considerable results when you devote your resources to the areas below. Continue reading
Spring is near. And with that comes the “remodeling itch.” There are countless projects that can increase your home’s resale value, and add plenty of enjoyment as well. There’s also no shortage of worries when it comes to remodeling your home. Between second guessing design decisions and fretting over your budget, home remodeling isn’t for the faint of heart.
As if that wasn’t enough, remodeling projects also make your house vulnerable to a number of other costly concerns. Here are a few potential issues to be aware of and ways to help prevent them: Continue reading
Creating content is essential if you’re a real estate agent in today’s market. This can propel your visibility letting the world know you’re an agent that sells homes. Without fresh and engaging content, you’ll be left in the shadows of those who succeed at content creation.
90% of home sellers and homebuyers seek information online. Your goal is to find them online so they call you when they need real estate advice. But how?
If it’s your first time buying a house, there is a good chance you’re overwhelmed with everything that goes into purchasing real estate.
There are common steps to buying a house and you should familiarize yourself with them prior to jumping into a home search.
In addition, here are five things first time home buyers MUST consider BEFORE buying.